monero | Recent

So, in the beginning, I started to search of places, where I use electricity for heating, just simple heating, nothing fancy and I remembered right away one place - the basement!
For years I heated my basement this fine electric heater
![puhur2.jpg](https://cdn.steemitimages.com/DQmXcMrkz8zzDgNn6Hp6iii1X2mJ7MDu2j3BGMn2sDaB4hD/puhur2.jpg)
I don't even remember how old it is ... anyway, it's time for retiring it.
Next step was to find a new "heater", I need to build something that heats up at least the same power level as the previous heater and costs less 10€. The old heater was 1KW running with term switch, so I decided to build two 400w "heaters". Two single GPU (graphics card) "heaters", as I wanted to keep investing as low as possible, also ... the computers were found from scrap, some very first AMD motherboards with PCI-E slots, graphics cards were found from an old friend, who doesn't need them anymore, as they took too much power - AMD Radeon HD5970.
Some next steps where simple, just put GPU

Remember, don't buy Monero...
![sticker.en.png](https://cdn.steemitimages.com/DQmcSQBmuDQsMmEhxHk8EMW5sr3oAo3LC6dfwhMfyNksNMg/sticker.en.png)
Monero is a decentralized cryptocurrency, meaning it is secure digital cash operated by a network of users. Transactions are confirmed by distributed consensus and then immutably recorded on the blockchain. Third-parties do not need to be trusted to keep your Monero safe.
To learn more about Monero, visit http://www.monero.how.

As of June 2018, its market capitalization stands at $2.6 billion, putting it in the top 15 cryptocurrencies of the world. The total supply of the Monero cryptocurrency (XMR) is about 15.42 million, with a value of $155.89 per unit.
You can easily [buy and sell Monero](https://exchange.howtobuymonero.info/) at its best rates from **CoinSwitch.**
With privacy and anonymity becoming increasingly important in nearly all markets, Monero is very well placed to be at the center of the shift to privacy-centric technology. Monero has a fairly large history amongst the cryptocurrency industry, having launched in 2014. Priced at around $8 during the end of 2016, it rose with rapid pace to touch over $400 - giving its investors an impressive 50x returns in just about a year. As of May 2018, it was trading at upwards of $200 on global exchanges.
Many analysts suggest it will eventually touch $1000 as well, with its increasing adoption and use cases being recognized by a wide range of sources.
![Screenshot Capture - 20

Monero has multiple standout features making it **unique from most other cryptocurrencies**.
It is entirely **anonymous and private**, unlike its counterparts Bitcoin and Ethereum, which lay bare their blockchains for everyone to take a look at.
It is also **truly fungible** - a characteristic every ideal cryptocurrency should have, but is, unfortunately, lacking in many.
Monero is also **more decentralized since its CryptoNight algorithm helps in keeping ASICs away from Monero mining**. This makes it a more equitable technology, and more resistant to power grabs from resourceful miners with powerful machines.
**Faster: A block is added to Montero's blockchain every 2 minutes**, compared to the far larger 5-10 minutes Bitcoin takes.
You can [buy Monero by comparing prices offered by many leading exchanges](https://exchange.howtobuymonero.info/) from **CoinSwitch.**

What will be the price of Monero within the next 5 years? Is it advisable to invest in Monero in the forthcoming years?

You can [easily buy and sell Monero at its best possible rates](https://exchange.howtobuymonero.info/) from **CoinSwitch.**As a real-time cryptocurrency aggregator, CoinSwitch provides the real-time XMR price chart that enables its investors to evaluate the Monero price prediction based on the price graph and the current XMR value.
While other cryptocurrencies in circulation are actually pseudonymous, Monero is an anonymous cryptocurrency, which is why it has a gained a lot of traction and growth in recent months. With many users looking for anonymous cryptocurrencies in the near future to perform their transactions, industry experts recommend investors to buy Monero at the current price levels in order to get better returns in the future. The investment outlook for this cryptocurrency is also positive as it is decentralized and not owned by any single organization.
**1-year Forecast: $391.299
3-year Forecast: $943.282
5-year Forecast: $1397.35**
**Should You Invest in Monero?**
From an investment perspec

What is the rate of Monero across Changenow? What are the other exchanges offering the best rates?

**Monero rate across ChangeNow is now at 81.44376 XMR**.Swaplab provides at the rate of 81.788879 XMR and BlockTrades at 79.43371 XMR.
You can [easily buy and sell Monero at its best possible rates](https://exchange.howtobuymonero.info/) by comparing the prices offered by many leading exchanges from **CoinSwitch.**
![Screenshot Capture - 2018-12-17 - 12-17-36.png](https://cdn.steemitimages.com/DQmSyNEPxLXPfocskgw8f6ocgEMp9MuBqZHatiNwSYMT18z/Screenshot%20Capture%20-%202018-12-17%20-%2012-17-36.png)

![moner1year.jpg](https://cdn.steemitimages.com/DQmSgYkDdA8WdrrufHTeHrESpZP4kDBSgDKQssrHTjW3w3C/moner1year.jpg)
It's been a year now since I bought 50 H/s with minergate for 0.11 XMR. So far I got back 0.0869 XMR.
The contact is still barely profitable with maintence costs eating 90% of the mining.
I don't know if I'll eventually break even/profit or if the contract will blow up before that. It could go either way.

Larimer said that the idea of the MonerEOS marker was pressuring him while he was working on EOS extensibility and security solutions.
![](https://s3.ap-northeast-2.amazonaws.com/dclick/image/godofredo/1544882359596)
[IMG](https://s3.ap-northeast-2.amazonaws.com/dclick/image/godofredo/1544882359596)
While EOSIO was working on security and scalability, I came across a new set of compromises for a potential encryption token and found a market for these compromises. EOSIO represents the future of the block chain, and every day, our first generation makes the Team faster, safer, more scalable and more flexible.
General features
Total privacy. No risk of disclosure in the future
User generated tokens
The potential for gaming applications
2 trx per second per account
No staking or voting
200ms approval and irreversible
Complete procurement is unknown, only estimates.
Generally deflationary.
Requires a reliable initial configuration
Failed to detect security flaw until new offers entered market

Monero is launching an initiative to educate and combat cryptocurrency mining malware

![](https://cdn.steemitimages.com/DQmNw6Qssjzirc924DpsdpWUZsGBY6ePaVCR5GQY96StRvR/image.png)
[img src](https://bitemycoin.com/wp-content/uploads/2017/10/The-future-of-Monero-1-1024x480.png)
Monero has been one of the best coins used for crypto-jacking malware and ransomware for a while now because of Monero's high privacy features.
According to Justin Ehrenhofer, the director of the Malware Response Workgroup, has stated that the two main factors that make XMR attractive to hackers are:
“Attackers like Monero for two reasons: 1) it is private, so they do not need to worry about companies and law enforcement tracing what they do with the Monero after they mine it, and 2) Monero uses a Proof of Work (PoW) algorithm that is CPU and GPU-friendly; thus, the infected machines are competitive. These two components are increasingly distinguishing factors for why attackers choose to mine Monero over other cryptocurrencies.”
While it is still possible to introduce malware on another person's computer for

Original Article = https://thecryptosyndicate.com/arrr-pirate-chain/
The Most Anonymous Cryptocurrency ARRR | Enter The PIRATE CHAIN
11 Dec ARRR – Pirate Chain
Posted at 15:39h in Business Analysis, CS Researchers, Intelligence Reports by Syndicate.Duy
Introduction
Komodo was undoubtedly one of the most underrated cryptocurrencies of 2018, even though fundamentally it was one of the soundest projects. The security, privacy advantages and impressive 10k tx/s offered by the KMD platform went largely unnoticed by the market. However, Komodo wasn’t entirely ignored. Within the community and discussions present on the KMD platform were a handful of capable individuals that eventually conceptualized a new and better cryptocurrency, ARRR.
Fundamental
ARRR, or also known as Pirate, is an independent blockchain built as an asset chain to the KMD platform. Designed as a combination of ZEC and XMR, Pirate looks to improve the privacy and security features of XMR whilst fixing the fungibility problem of ZEC throug

![monero11months.jpg](https://cdn.steemitimages.com/DQmVRbxirqgqTSZkewuL7y82q2b48kgvJSCoTUVQ3YDsKfo/monero11months.jpg)
It's been now 11 months since I invested in XMR cloud mining on minergate. I put in 0.11 XMR and got back so far 0.083 XMR. With the recent price drop, maintenance fees are eating up 75% of the mining income.
I was hopeing to break even in 12 months but it's not gonna happen.
Now I'm only hopeing to eventually break even some day before this contract blows up.

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